Nebius and CoreWeave Shares Decline Amid Rising Credit Default Swap Costs

The stock experienced a sharp decline of 17% in the last 24 hours, with the RSI entering oversold territory at 26.7. The MACD line remains below the signal line and in negative territory, confirming weak momentum. The price is trading below both the 20-day and 50-day moving averages. News headlines indicate that rising credit default swap costs have increased the perceived financial risk for the company, which could amplify selling pressure. Although short-term technical indicators signal oversold conditions, the negative news flow and weak structure suggest a higher probability of continued downside.

NVDA shares have declined 8.3% in the last 24 hours, with the RSI falling to 33, approaching oversold territory. The MACD is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages, which paints a negative technical picture. News headlines highlight increasing credit risk for AI and data center companies, which could also impact sector leaders like NVDA. In the short term, selling pressure is likely to persist, though some recovery is possible given the oversold conditions.

Amazon (AMZN) shares fell 1.7% in the last session to close at $229.78. Although the RSI at 39.6 is approaching oversold territory, the MACD remains below the signal line and in negative territory, indicating weak short-term momentum. Additionally, the price is trading below the 20-day simple moving average ($231), while the 50-day moving average ($237) presents a significant resistance level. The decline in Nebius and CoreWeave shares in the news may reduce risk appetite for the technology and cloud computing sectors, potentially negatively impacting AMZN as well. The likelihood of continued selling pressure in the short term is high.

While the news headline focuses on the increase in credit default swap costs for companies like Nebius and CoreWeave, this situation has no direct impact on Microsoft (MSFT). MSFT's technical indicators point to a slight upward trend, with the RSI at 55.7 in neutral territory and the MACD remaining above the signal line. However, the overall market sentiment generated by the news and a potential decrease in risk appetite within the technology sector could limit MSFT's short-term performance. Therefore, maintaining a neutral stance rather than determining a clear direction appears more appropriate.